Shares of The Bon-Ton Stores Inc. (NASDAQ:BONT) have been given a consensus broker rating score of 5.00 (Strong Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation.
Zacks has also assigned The Bon-Ton Stores an industry rank of 235 out of 265 based on the ratings given to its competitors.
The Bon-Ton Stores (NASDAQ:BONT) traded down 4.1988% during mid-day trading on Monday, reaching $1.6382. The company’s stock had a trading volume of 46,800 shares. The Bon-Ton Stores has a 12 month low of $1.30 and a 12 month high of $4.20. The firm’s market capitalization is $35.37 million. The stock’s 50-day moving average is $1.60 and its 200-day moving average is $1.60.
The Bon-Ton Stores (NASDAQ:BONT) last announced its earnings results on Thursday, November 17th. The company reported ($1.58) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($1.36) by $0.22. The Bon-Ton Stores had a negative return on equity of 663.72% and a negative net margin of 2.11%. The business had revenue of $589.90 million for the quarter, compared to analysts’ expectations of $623.40 million. On average, equities analysts anticipate that The Bon-Ton Stores will post ($2.12) EPS for the current year.
In other news, major shareholder Donald E. Morgan III purchased 45,490 shares of the firm’s stock in a transaction that occurred on Wednesday, August 31st. The stock was acquired at an average cost of $1.70 per share, for a total transaction of $77,333.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Donald E. Morgan III purchased 53,897 shares of the firm’s stock in a transaction that occurred on Tuesday, September 6th. The stock was purchased at an average price of $1.69 per share, with a total value of $91,085.93. The disclosure for this purchase can be found here. Insiders own 46.78% of the company’s stock.
A number of institutional investors have recently bought and sold shares of BONT. Spark Investment Management LLC increased its position in The Bon-Ton Stores by 28.1% in the second quarter. Spark Investment Management LLC now owns 81,100 shares of the company’s stock worth $114,000 after buying an additional 17,800 shares during the period. Societe Generale purchased a new position in The Bon-Ton Stores during the second quarter worth approximately $211,000. Vanguard Group Inc. increased its position in The Bon-Ton Stores by 1.1% in the second quarter. Vanguard Group Inc. now owns 543,204 shares of the company’s stock worth $766,000 after buying an additional 6,000 shares during the period. Finally, Royce & Associates LP increased its position in The Bon-Ton Stores by 72.4% in the second quarter. Royce & Associates LP now owns 587,596 shares of the company’s stock worth $829,000 after buying an additional 246,700 shares during the period. Institutional investors and hedge funds own 29.57% of the company’s stock.
About The Bon-Ton Stores
The Bon-Ton Stores, Inc is a department store operator. The Company operates through two segments: stores and eCommerce (its Internet Websites). The Company offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in over 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet.